The Research Of The Impact Between SMEs’Intellectual Property Innovation Capacity And Enterprise Value

Enterprise innovation capability is the cornerstone of industrial innovation capacity and the whole national innovation capacity. The company’s innovative activities provide the impetus for the implementation of national development strategies and strengthen innovation guidance at the national policy level in nation building. Today, the intellectual property plays a more and more important role in the economic development and also improves the competitiveness. Intellectual property becomes important resources in competition between enterprises, corporate intellectual property innovation capability has also become one of the core elements when measure a business and even a country’s innovative ability and economical strength. Corporate-owned intellectual property rights such as patents, trademarks, as well as a variety of non-patent technology, are part of the corporate assets. They create value for the enterprise, and also is a part of the enterprise market value. At present, enterprises, especially SMEs, do not effectively play the main role in the innovation. Therefore, the study of corporate intellectual property innovation capability and its impact on the enterprise value has significant theoretical and practical meaning.Using literature method, summarized method, comparative method and deductive reasoning method, the article inductive analysis of the drivers of innovation capability of enterprises intellectual property and creates a driving factor index system.; And it gave the depth theoretical analysis of the interaction between the corporate intellectual property innovation ability and the enterprise value; Using the factor analysis method, it evaluate the intellectual property innovation capacity of SMEs, draw the related enterprise specific score and rank, which further deepen the awareness about the status of the innovation of SMEs in China. Using multiple linear regression analysis, it verify correlation between SMEs innovation capacity and enterprise value, and drawn both positive conclusion. This provides the theoretical basis for the further development of SMEs in innovation activities, and strengthening its core the competition.